Pam Duxbury hopeful on Hartlepool United takeover as solicitor releases statement on Pools' future

Pam Duxbury
Pam Duxbury

Hartlepool United chief executive Pam Duxbury has revealed a potential takeover of the club could be completed "very soon".

In her programme notes from this afternoon's 3-2 win over Woking, the Pools chief admits that there could be light at the end of the tunnel, with the club seemingly staring into a financial abyss.

Further to that, she also admits that a number of interested parties are doing due diligence and things could progress very quickly.

She said: "While I am not able to give out too many details at the moment with regards the club there are interested parties progressing due diligence which is very positive and I am hopeful a deal to take over will be done very soon.

"I can assure everyone that everything that can be done is being done to secure the future of the club."

Meanwhile, a solicitor, Andrew Cawkwell, employed by the club has released a statement regarding the club's immediate future.

It reads: "I have been instructed to act on behalf of the board of directors of Hartlepool Football Club.

"The club (acting by its board of directors) is seeking a buyer and I have been authorised to release information to credible prospective buyers who are will willing to enter into a non-disclosure agreement.

"All forms of structuring in respect of any proposed transaction(s) will be considered.

"If you or any of your clients' or business contacts are interested in the opportunity then please contact andrew.cawkwell@newtons.co.uk and provide full details of who you are or who you represent and I will organise a non-disclosure agreement for you to sign. #Hartlepool Football Club #Football #Finance

"The current challenges facing the football club are well publicised as a result of the current owner determining that is no longer able to provide financial support. A new owner is being sought and the current shareholder Sage Investments Limited is still running its own separate sales process via Geoff Cunningham at Walker Morris."

The plot thickened, though, when Duxbury, via the club, issued a statement in response. It read: "As the Chairwoman of the football club I am ensuring that I have explored and exhausted every avenue available in order to try and find a new owner or attract further investment.

"I have engaged with Andrew Cawkwell at Newton’s Solicitors to supplement the process that the current owner is undertaking, and he is pushing out to his network currently.

"The overall responsibility for the sale of Hartlepool United Football Club remains with Geoff Cunningham at Walker Morris and I would recommend that as the main course of enquiry, however expressions of interest can be channelled through Andrew Cawkwell.

"The club will not be making any further comment."